ROCKVILLE, Maryland (Reuters) - U.S. regulators on Thursday approved plans to build the first new nuclear power plant in more than 30 years, despite objections of the Nuclear Regulatory Commission chairman, despite objections of the Nuclear Regulatory Commission (NRC) chairman, who cited safety concerns stemming from Japan’s 2011 Fukushima disaster. 

The NRC voted 4-1 to allow Atlanta-based Southern Co to build and operate two new nuclear power reactors at its existing Vogtle nuclear power plant in Georgia. The units will cost Southern and partners about $14 billion and enter service as soon as 2016 and 2017.

No nuclear power plants have been licensed in the United States since the partial meltdown of the reactor core of the Three Mile Island plant in Pennsylvania in 1979. After the accident, the NRC adopted more stringent safety standards, which caused construction costs for nuclear plants to skyrocket and stopped dozens of planned plants in their tracks.

*This post is for anon, who earlier this evening asked me to update a previous post on new plants in the US. No update is needed. There have been no new nuclear power plants allowed to be built in the US since 1978. Anon may have been referring to applications for new plants or perhaps rehabs of old power plants.

North Carolina politician Buck Newton is bent on submitting to oil and gas companies. Local media has soured on the Republican, yet NC residents remain silent. The bill (in part) exempts oil and gas frackers from regular permitting procedures, such as avoiding pollution monitoring. Faster drill permits means faster fracking development for the state. (I also note that Duke Energy, which contributed to Buck Newton’s campaign, is lobbying to raise electricity rates. In other words, drillers want free money from two sources - free gas from drilling, and free money from residents’ electric bills. Clever.).

North Carolina hopes recent legislation introduced into its general assembly will send a “very clear signal” to oil and gas companies that the state wants shale gas exploration in the state, a state representative told Rigzone in an interview Monday.

State Sen. E.S. “Buck” Newton, the sponsor of Senate Bill (SB) 76, the Domestic Energy Jobs Act, told Rigzone that, while the ban on horizontal drilling and hydraulic fracturing has been lifted, the state hopes to provide certainty to the energy industry by fixing a specific date in which permits for shale gas drilling can be pulled.

Newton, who represents Johnston, Nash and Wilson counties in eastern North Carolina, introduced the bill last week. SB 76, which would authorize the state’s Department of Environment and Natural Resources to issue permits for oil and gas exploration and production, including horizontal drilling and hydraulic fracturing, on or after March 1, 2015.

North Carolina officials hope to send a signal in two ways – one, that the legislature is very serious about pursuing shale exploration, and two, that the state is working “with all deliberate and purposeful speed” to get itself ready to issue permits.

Early indicators show North Carolina to have shale gas reserves that may be on the order of the Fayetteville play in Arkansas, with approximately 1.4 million surface acres with shale deposits of an average thickness of 200 feet. North Carolina has three basins with shale potential. The Deep River Basin, the one that is most talked about, has wet gas reserves.

Via Rigzone